• +1 (312) 549-9986

Gold $2,380.52 $7.73 0.33% Silver $28.27 Platinum $944.26 $1.83 0.19% Palladium $1,031.18 $4.95 0.48%

PPI comes in hotter than expected

PPI comes in hotter than expected

U.S. PPI +0.3% in Jan, above expectations of +0.1%, vs downward revised -0.2% in Dec; 0.9% y/y, down from 1.0% in Dec.

Core +0.5%, above expectations of +0.2%, vs downward revised -0.1% in Dec; 2.0% y/y, vs revised 1.7% in Dec.

Gold has softened in reaction but remains confined to yesterday's range. 

Leave your comment